Arkema SA (OTCMKTS:ARKAY) Sees Large Decline in Short Interest

Arkema SA (OTCMKTS:ARKAY) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 1,412 shares, a decrease of 83.6% from the November 30th total of 8,603 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 28,506 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 28,506 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Several research firms recently commented on ARKAY. Zacks Research raised Arkema from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Barclays cut Arkema from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft cut shares of Arkema from a “buy” rating to a “hold” rating in a research report on Monday, November 24th. Finally, Citigroup reissued a “buy” rating on shares of Arkema in a report on Friday, October 3rd. One analyst has rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce”.

Arkema Stock Down 0.1%

Shares of Arkema stock opened at $59.91 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 3.07 and a quick ratio of 2.26. The business has a 50-day moving average of $59.91 and a 200-day moving average of $66.21. The company has a market capitalization of $4.56 billion, a PE ratio of 28.80, a P/E/G ratio of 1.13 and a beta of 0.90. Arkema has a 1-year low of $56.28 and a 1-year high of $91.51.

Arkema (OTCMKTS:ARKAY) last released its quarterly earnings data on Friday, November 7th. The basic materials company reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.21. Arkema had a return on equity of 5.15% and a net margin of 1.55%.The business had revenue of $2.52 billion during the quarter, compared to analyst estimates of $2.50 billion. As a group, equities analysts forecast that Arkema will post 8.36 EPS for the current fiscal year.

Arkema Company Profile

Arkema SA is a global specialty chemicals and advanced materials company headquartered in Colombes, France. Established in 2004 as a spin-off from Total’s chemicals division, the company offers a broad portfolio of high-performance materials designed to improve durability, thermal and chemical resistance, and environmental performance across diverse industries.

Arkema’s operations are organized into four core segments. Adhesive Solutions delivers bonding, sealing, and coating technologies for markets such as packaging, medical devices, and consumer goods.